I had a thought yesterday about possibly using the Martingale betting system with NBA DFS Double-Up competitions… I know ideally we want to keep “gambling” and “DFS” completely away from each other, but hear me out. lol.
The Martingale system says you place one bet of x-dollars, and then if you win, you place the same x-dollar bet again. However, if you lose, you double the bet. If you lose that bet, you double again, and you keep doubling until you win. As soon as you win, you have added that original x-dollar bet to your bankroll no matter how many times you had lost in a row.
With an unlimited bankroll and no maximum bet this is a system that cannot lose. Obviously we have both of those limitations in place here, but I think DFS is a skill game and that it’s very possible to consistently win, so Martingale could be profitable.
For example, I’d play a $10 double-up on Sunday, and if I lose I’ll play a $20 double-up on Monday. I keep doubling until I either win or run out of money. If I have a bankroll of $310 I could afford to lose 5 in a row before I run out of money.
So basically I’d bank $10 for every double-up I win before I lose 6 in a row.
I really do think this is would be profitable, but I’m not sure I can restrain myself to only playing one lineup/contest a day. ha. Let me know your thoughts!